Nice to see Reuters looking at this.
Hydrogen is definitely not the best answer. The best answer is for government to admit that supporting auto as an asset is not the way forward. If no private lenders will lend to people who want to borrow money to buy automobiles, then probably THERE IS A VERY GOOD REASON. Why is the government supporting automobile credit? OK cars are handy sometimes, but WE HAVE MORE THAN ENOUGH OF THEM. If we could just get our act together we could probably do just fine with a tenth of the cars currently on the road. And given the environmental crisis on our doorstep, and that hydrogen is not the answer people are hyping it to be, it may come to pass sooner rather than later. Is this the root of the crisis? It is of course tied up with demographics, because as people age they drive less and discover for the first time in their lives just how inconvenient, how inhospitable, how downright hostile Western cities are these days for the non-driver.